3, CHAPEL HILL, HALSTEAD, CO9 1JJ - £227,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 CHAPEL HILL is a small terraced house of 99m², built sometime before 1900, which could now be worth an estimated £267,951. It was last sold for £227,000 in July 2017, which was around 1% above the average July 2017 terraced price in the Braintree local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

3 CHAPEL HILL Sold Prices

Land registry data shows five sales for 3 CHAPEL HILL since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Braintree local authority area for the corresponding sale date. Most of the five 3 CHAPEL HILL sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 31 JUL	£227,000	£225,609	1% above HPI
2013 29 NOV	£155,000	£162,041	4% below HPI
2007 16 MAR	£154,548	£158,734	3% below HPI
2004 18 JUN	£135,000	£131,726	2% above HPI
2001 30 NOV	£78,000	£79,884	2% below HPI

3 CHAPEL HILL Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Braintree local authority area over time, sourced from the HPI. The five 3 CHAPEL HILL sales between November 2001 and July 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2017 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 CHAPEL HILL be worth now?

3 CHAPEL HILL might now be worth an estimated £267,951.

This is based on house price inflation of 18%, between July 2017 and May 2026, for terraced houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18% inflationary increase is applied to the most recent sale price for 3 CHAPEL HILL of £227,000 on 31st July 2017. For the value to have increased from £227,000 to £267,951 over the nine years and two months to May 2026, the following assumptions must hold true:

• The value of 3 CHAPEL HILL has moved in line with the HPI for terraced houses in the Braintree local authority area.
• The July 2017 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHAPEL HILL has not materially changed since July 2017.

How Large is 3 CHAPEL HILL?

3 CHAPEL HILL is 99m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of terraced houses houses in Halstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Halstead, and where 3 CHAPEL HILL lies on this distribution: 40% of terraced houses houses are smaller than 3 CHAPEL HILL, and 60% of houses are larger. Note that EPC data is not available for all properties in Halstead.

3 CHAPEL HILL: Plot and Title Map

3 CHAPEL HILL sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 3 CHAPEL HILL, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 CHAPEL HILL). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 CHAPEL HILL?

3 CHAPEL HILL is located in HALSTEAD, in the CO9 postcode district. The below map shows the position of No. 3 on CHAPEL HILL.